Recent deal with DUA Optical


Universal Finance is pleased to announce a recent deal we closed that enabled two franchisees to launch an optical lab in Dallas, TX. The franchise owning company, Dua Optical Management, worked with Universal to obtain financing for Azeem Rehman and his wife Wajiha Jivani to build out their My Eyelab business, which is owned by Dua Optical.

According to an article on the My Eyelab website, after years of working in corporate management and consulting, Azeem and Wajiha are thrilled to have fulfilled their dream of business ownership. After financing was secured through Universal, the franchisees opened the new optical lab in September 2020.

As a dedicated single point of contact for individuals seeking loans to start a franchise business, Universal’s extensive experience in commercial lending gives us a unique edge when relating to small business customers who need a loan to buy a franchise. Universal is also the only lending company that appears on the All USA Franchises website, an online directory and resource for hundreds of nationwide franchise businesses.

“We are very excited to add Dua Optical Management to our portfolio of partners whose franchisees have secured financing from Universal,” said Dan Robinson, owner. “It’s always very rewarding for our team when we are able to help a franchise owner get the capital they need to launch their own business and achieve their dreams in doing so.”

As an experienced lender, the Universal team understands the economy and we appreciate the financial ebbs and flows that impact franchise businesses. Unlike a traditional bank, our lending decisions are based on more than just how a business looks on paper. We develop a complete understanding about who the customer is and what they have to offer. This approach solidifies our relationship with the companies that have secured funding through us to start a franchise.

At Universal Finance, it’s our belief that a franchise shouldn’t suffer because of under-funding.

2011 International 4400 Six-Wheel Dump Truck


2011 International 4400 Six-Wheel Dump Truck
Eaton Fuller transmission
110,000 miles
Clean truck
2 Asphalt chutes
Maxforce Motor
Price: $43,900

1989 Peterbilt 379 Long Nose Tractor


1989 Peterbilt 379 Long Nose Tractor
CAT Motor – 425HP
8LL Transmission
44,000 Rears
12,000 Fronts
GOOD Rubber
Ready to Work.
Price: $29,900

2006 John Deere 753G Feller Buncher


2006 Deere 753G
New U/C
Deere WF22 Head
Strong Machine
15,000 hours
Ready to work!
Price: $69,900

2011 CAT 501HD Harvester


2011 CAT 501HD Harvester
Hours: 10,650
Good U/C
Good Tracks
Working Daily!
Price: $109,900

2018 CAT 242D Skid Steer


2018 CAT 242D Skid Steer
Hours: 680
Excellent Rubber
Strong runner
Excellent interior
Like New!
Ready for Snow!
Price: $29,900

Attachments Also Available! See pics below – more info on each on our Equipment for Sale page!

2004 Freightliner FLD120 Tractor


2004 Freightliner FLD120 Tractor
Detroit Series 60 Motor
13 speed transmission
40k rears
12k fronts
Been pulling flat deck trailers all its life
Needs a little TLC!
Price: $13,000

1996 Mack RD688S Tri-Axle Dump Truck


1996 Mack RD688S Tri-Axle Dump Truck
Miles: 270k
Mack E7 – 350 HP
8LL Trans
New Clutch, Transmission
New Springs
New Radiator, Starter, Trunnion, Bushings
Price: $34,900

Should you obtain financing to purchase equipment or lease it?

Should you obtain financing to purchase equipment or lease it?

Universal Finance Corp. offers financing that keeps businesses on track to meet deadlines and avoid interruptions in the projects they are working on. We help clients in a wide range of industries that include franchises, vocational businesses, and dental equipment suppliers by providing a range of equipment financing options. Our creative financing programs and customizable payment plans provide borrowers with the funds they need to purchase equipment and obtain working capital.

When a customer comes to us to obtain financing, one question they often ask is whether it’s better to obtain financing to purchase the equipment they need or to lease it. Choosing between financing or leasing depends on each customer’s unique needs but the team at Universal can offer advice to business owners when it comes to making this decision.

According to the Equipment Leasing and Finance Association, business owners should first consider the purpose of the equipment they need and how long they expect to keep it. For short term equipment needs, leasing is often the less expensive and more sensible option. Universal suggests that our clients take the time to determine how long it will take for the equipment to pay for itself. If a business doesn’t recoup the purchasing price by the time it’s finished using the equipment, a lease is likely the best way to go. For equipment that is expected to be used for fewer than 36 months, we recommend leasing as the preferable option.

Otherwise, financing the purchase of the equipment is the better route to go as the accumulated cost of leasing may outweigh the price of obtaining financing to buy it outright. In addition, if the equipment is expected to be part of everyday operations for many years, it is usually worth owning. We also recommend obtaining financing to purchase equipment when replacing older equipment that’s been an integral part of an operation, or if new equipment is needed because current inventory isn’t sufficient to meet consumer demands.

There are many factors to consider when purchasing or leasing equipment. The team at Universal Finance will work directly with you to provide the guidance you need to choose the right options to get the equipment you need to keep your business moving forward.
Click here to learn more about equipment financing or call us at 781-219-0511 to speak with a representative today!

2016 JCB Model 300T Track Skid Steer


2016 JCB Model 300T Track Skid Steer
Overall – Good Shape
Bottom is Good
Interior Clean
Low Hours
Bucket is Good
Ready to Work!
Price: $34,900